Homeopathy grows in India

10462449_842265782469865_5626227397676732099_nThe Economic Times of India reports that homeopathy is expected to grow by 25-30% during the next 3 years in comparison to the pharma industry which has an anticipated growth of 13-15%.

The reasons given are: increasing popularity of alternative medicine; lack of side effects; personalised treatment; and disillusionment with allopathic medicine.

“Homoeopathy has been effective in treating chronic aliments (sic) like arthritis, diabetes, obesity and respiratory, hair and skin problems,” Assocham is quoted as saying.

Currently there are 400,000 registered homeopaths in the country with approximately 13,000 being added each year.

More Information: Homoeopathy to grow 25-30% to become Rs 2600 cr industry

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